What can beginners learn from recent large Bitcoin whale withdrawals that move coins off exchanges into self-custody?
Why is this the correct answer?
This is correct because when large holders move coins off exchanges into private wallets, they signal a long-term holding intent. Whales often move funds to self-custody to protect assets and avoid exchange risks like hacks. Beginners can learn that self-custody increases security and that whale moves can indicate bullish sentiment, so self-custody practices and observing on-chain transactions are valuable strategies.
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